PGTI Reports Second Quarter and First Half 2018 Results
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PGT, Inc. (PGTI) Tops Q2 EPS by 10c, Revenues Beat; Offers FY18 EPS/Revenue Mid-Point Outlook Above Consensus
July 30, 2018 7:36 AM EDTPGT, Inc. (NYSE: PGTI) reported Q2 EPS of $0.41, $0.10 better than the analyst estimate of $0.31. Revenue for the quarter came in at $169 million versus the consensus estimate of $162.68 million.
Financial Highlights for Second Quarter 2018 versus Second Quarter 2017
Net sales of $169 million, an increase of $32 million, or 23 percentGross margin of 35.4 percent, compared to 32.4 percentNet income of $22.5 million, compared to $10.3 millionAdjusted net income of $21.4 million, compared to $10.3 millionNet income per diluted share of $0.43, compared to $0.20Adjusted net income per diluted share of $0.41, compared to... More